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Nov 13, 2012
11/12
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they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news sunday." >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't. i don't understand why republicans don't take obama's offers to freeze taxes on everybody below 250,000. >> since polls indicate most people favor phasing out he upper income tax cuts. kristol ask why should republicans fall on swords for a bunch of millionaires who half of them live in hollywood and vote democratic anyway. two states have responded to make it legal to smoke marijuana and get high. world leaders have questions. for starters is it time to change drug policies. voters in colora
they just gave him more time' and speaker boehner still objects to higher tax rates, shepard. >> shepard: republicans here and there are changing their tunes on a lot of things. bill kristol the conservative commentator is one of them, he says raise taxes on the millionaires it won't kill us that shook the g.o.p. establishment. he supports the president's own deficit reduction commission taxes and spending cuts which mr. obama himself turned down. crystal's comments came on "fox news...
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Nov 13, 2012
11/12
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FBC
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. >> house speaker john boehner said the only way they will talk revenue is entitlement reform. republicans said what they want from a president is a serious proposal. >> when it comes the great economic challenges of the moment, saying that you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> business executives come to the white house. a number of other ceos will be here all the way up to that have my meeting with congressional leaders, democrats and republicans coming to the white house to meet with the president on friday. david: thank you very much. chances are if you look something up online you have used wikipedia. coming up, wikipedia cofounder, jimmy wales joining liz claman at the cme global leadership conference. this is an exclusive you do not want to miss. moody's warning of big downgrades. find out which ones and why coming straight up. [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enoug
. >> house speaker john boehner said the only way they will talk revenue is entitlement reform. republicans said what they want from a president is a serious proposal. >> when it comes the great economic challenges of the moment, saying that you want a balanced approach is not a plan. saying people need to pay their fair share isn't a plan. >> business executives come to the white house. a number of other ceos will be here all the way up to that have my meeting with...
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Nov 13, 2012
11/12
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CSPAN2
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boehner's tone was good. but as i said, when you look inside and say, well, we can rely on dynamic scoring or lowering rates significantly and closing loopholes, when you begin to dissect that, it has some problems. but i am hopeful that with the business community's help and with the president's leadership, we can bring republicans around. because i think in his heart speaker boehner wants to get something done. >> alan? >> you talked about -- [inaudible] do you have a strategy on -- [inaudible] are you trying to do that -- [inaudible] >> let me say on the general thrust of your question, i think most of our colleagues on both sides of the aisle would say the senate needs to be fixed, that there are some real things wrong with it in the way it functions. there are going to be a lot of discussions over the next few weeks about that, but i'm not going to comment on any specifics until we have those discussions with our colleagues. and it needs to be done not just for one particular issue, but in general to get
boehner's tone was good. but as i said, when you look inside and say, well, we can rely on dynamic scoring or lowering rates significantly and closing loopholes, when you begin to dissect that, it has some problems. but i am hopeful that with the business community's help and with the president's leadership, we can bring republicans around. because i think in his heart speaker boehner wants to get something done. >> alan? >> you talked about -- [inaudible] do you have a strategy on...
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Nov 13, 2012
11/12
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KPIX
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boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if you're in the upper middle wage category, you're going to have a higher tax bract, an increase in cap l
boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or...
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Nov 13, 2012
11/12
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if you listen closely to what boehner said, he also left the door open a libble. can we get this done in the lame-duck session? no. can they do a little bit and kick the can down the field until next year where they can get the broader tax reform and spending controls in a way that gives confidence to these c.e.o.'s in this room? yeah, they can do that. so the question is, will they do that? >> will they do that? if you can give one -- senator sasser, if you can get the president on the phone for two minutes and give him one piece of advice what he has to do to get this deal done, what would it be? >> boy, i don't know. that's a tough question. i think i would tell him that he needs to spend more time with leadership on both sides of the congress. and he needs to open up the white house and invite more of the members of both houses in. a little more smoozing, if you will, a little more getting to know each other. that's not his nature. he's really a little introverted, to be quite frank about it. but he needs to reach out and become a more of a political animal an
if you listen closely to what boehner said, he also left the door open a libble. can we get this done in the lame-duck session? no. can they do a little bit and kick the can down the field until next year where they can get the broader tax reform and spending controls in a way that gives confidence to these c.e.o.'s in this room? yeah, they can do that. so the question is, will they do that? >> will they do that? if you can give one -- senator sasser, if you can get the president on the...
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Nov 13, 2012
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. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of republican party very much depends on
. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy....